We can see BTC forming massive H&S on daily, weekly and monthly charts. The height of the key support is approximately 70%, and as you know, the fall equals the height percentage. If BTC breaks through the vital support, we have a rough ride down the hill until we hit bear bottom, and after that, we see a price correction which can take six months, 12 months or...
The descending broadening wedge occurs when both the resistance and support are trending down and to the right and the price range is broadening with time. Prices in the descending broadening wedge pattern breakout upward about 79% of the; when prices breakout above, prices eventually rise to an averaged maximum gain of 33% before the first 20% reversal; and when...
I see here two possible scenarios... Scenario 1 Flat Top Triangle - its a bullish sign where the price bounces up from support (higher lows) and break through the resistance ( if we get enough volume ). Scenario 2 Possible Triple Top - its a bearish sign were the price will break out through the support line and will fall down to next support. So chances are 50/50
Did we just finished short bull run and reversing into bearish trend? this 11800 (fib. 0.382) resistance are very important if we want to see 14000 targets as many predicting... at this stage doesnt look we have enough volume to push trough 11800 level and also there is a two bearish indicators, bear flag and rising wedge. as you can see rising vedge narrows down...
EOS chart looking good and it has formed bull flag which is bullish sign.. as you can see MACD and RSI supporting this bull flag very well and we can see break out in few days time... also i noticed that, looks like it just finished 2nd Elliot Wave and entering into the 3rd. Possibly can go long if the wave confirms.
#DCT looking very bullish, once it breaks out of this falling wedge... going long and possible 50% gains...
looks like this falling wedge is just about to break out... BB looks bullish as its wides up and candles are above the top line. Also looks like there is enough volume to kick this going... MACD looks also good but RSI not so good as its nearly oversold... which will kick price down a bit before a big bull run...
POWR has formed falling wedge (Bull Flag). Clearly can see also that it started to move sidewise (Accumulating) which is mean its charging up for good bull run.
This historical analysis shows a lot of information whats happened in the past. if history repeats we can see new all time high @ $43K.
if it repeats previous short bull runs we might can see target at 10800 (40% from the bottom) level before it drops again...
This straight bottom flag is a bearish sign. If it breaks support @ 0.13972856 it most likely will drop down to 0.70000000 support... equal to green box.... If you keep your bitcoin cash be prepare to sell it and buy in again at 0.7 sats...
Looks like VEN entering into the 5th impulse wave and going to target ATH @ 117679 (90% Profit)
Looks like this latest bullish trend (red line) has average 11 day cycles. as you can see all cycles start crashing 1-2 days prior end of the cycle. currently we run 4th cycle which is ends approximately around 8th of february with crash. if we look back previous cycles where cycle starts going down just couple of days before complete crash. i would suggest to...
UBQ are just about to break out from C&H pattern.. Buy @ 0.00049024 Target 1 @ 0.0005726 Short Target 2 @ 0.00069698 Long Target 3 @ 0.00095940 Long
By my calculations BTC has an average 59 day cycles and in total of 6 cycles per year. As you can see every cycle ending with some sort of crash... and then after it starts picking up and reaches new ATH and ends with crashes again... where new cycle biggins... looks like with this recent crash BTC ended its 5th cycle and entered into the new cycle 10 days ago...